About this investment opportunity
- New Build
- Investment opportunity
- 2 bedrooms
- Brand New Lease
Expected Rental Return: £9,300 PA
Expected Rental Yield: 6.2%
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Miles and Barr are delighted to offer to the market this development of 11 units close to Ramsgate town centre. The development comprises of a mixture of 1 and 2 bedroom apartments located in the heart of Ramsgate town, close to Waitrose and Ramsgate's Royal Harbour. Each apartment has access to a communal roof terrace, bin store and cycle store area.
The ideal purchase for Buy-To-Let Investors
Prices start from £120,000 for a 1 bed and £150,000 for a 2 bed apartment.
For further information or to arrange a viewing, please call us on 01843 570500.
Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940.
The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade.
The town is steeped in history with associations to many well known figures including Queen Victoria , Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre.
The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.
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